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Long Island stocks on move

Guy holding chart

Guy holding chart Photo Credit: Photos.com

Here are two Long Island companies whose stock moved significantly last week.

Fonar
(FONR)
Melville
$2.04 (week's change: +54.5%) 
52-week return: +50.0%
Shares received a boost after the manufacturer and servicer of MRI scanners swung to a quarterly profit compared to a net loss in the same three-month period a year ago.

Standard Microsystems
(SMSC)
Hauppauge
$25.90 (week's change: +8.2%) 
52-week return: +32.7%
The chip maker will not raise its bid to buy Conexant. SMSC gets a $7.7 million termination fee from Conexant because the rival chip maker accepted a buyout offer from a private-equity firm.

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